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vote on something then. the senate could also pass it and signed into law. gregg: right. >> everyone is talking about there is not enough time. this is not true. congress can do whatever it wants. if they agree, the two parties agree congress can pass things very quickly the trick is getting both sides to agree. gregg: it is always small ball and it is never really significant. which shows an utter lack of courage. and the american people, you know, feel that way too about their representatives. put up on the "gallup poll." "gallup poll", likelihood of averting the fiscal cliff. there you see, susan, people are losing faith. i'm actually surprised that they haven't lost all faith. >> actually i was going to say the same thing. i think that number is pretty surprising. i would think it is much higher at this point. perhaps the public is getting used to this kind of game they play chicken and at the last second they come up with a deal. remember august 2011, we thought the nation was running out of money, we would hit the debt ceiling, government would partially shut down, literally at
because you said you were. . i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur >> i can speak for my entire conference when i say we don't think taxes should be going up on anyone, but we all knew that if we did nothing, they'd be going can up on everyone today. we weren't going to let that happen. >> senate minority leader mitch mcconnell early this morning on the tax hike agreement that he calls an imperfect solution but necessary. today we'll find out if his colleagues in the house agree with that assessment. bob cusack is managing editor of "the
's newsroom." still to come a new battle over the president's health care law and the supreme court's latest ruling against one of america's largest companies and what they denied and what this could mean for other employers. gregg: the storm system working its way up the coastline causing messy traffic, airport delays. we've got video from one of the hardest-hit areas. >> pretty rough. we've seen a lot of accidents this far in ohio turnpike. and wish people would slow down a little bit, you know? it's pretty slick. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems.
. we'll rewrite the law using new wording and we'll catch more people in the 75% tax rate net. heather: stuart varney, i know you have a lot of work to do today. it is a busy day financially. thank you. >> thank you. gregg: what will it mean if lawmakers fail to strike a deal? according to the tax policy center 90% of the americans would see a tax hike in 2013. 121 million people will be paying a whole lot more in payroll taxs. those are social security payroll taxs. families making between 40 and $65,000 a year will have to pay an extra two grand to the u.s. government. the more you make, boy, that number really accelerates. heather? heather: another devastating blow in the fiscal cliff crisis, this mess, will be to the military. $500 billion slashed from the pentagon budget that is raising serious concerns about our national security. chairman of the house armed services committee, california congressman, bruce mckeown will weigh in on the impact these cuts will v that is live in our next hour. gregg: secretary of state hillary clinton now hospitalized after the discovery of a blood
the president needs to do. there is nothing he has to sign. as a matter of law the law changes in january and taxes go up. president doesn't have to do anything. he can sit back and as taxes go up on everybody including that 1% that he has been after, nothing has been done on spending. sequestration could be rolled back with retro activity where the president thinks he is better shape on spending in january. patti ann: alan? >> you forget the president offered boehner a deal to keep taxes keep the bush tax rate on 98% of the americans. keep those tax rates where they are. not raise taxes and boehner rejected that. he had opportunity -- excuse me, i'm still talking. he has opportunity now to do exactly what the republicans say they want and boehner rejects it. >> it is beyond revenue. it is about spending. that is our problem. >> you can stop going over cliff first of the year. >> what about spending that got us in bind we're in? none of the revenue that will be generated will make a dent in our spending especially the 6 trillion the president has --. patti ann: brad, democrats are arguing
or not they should pay the bills that they have already remarked up through the laws they passed. i let me repeat. we can't not pay bills that we already incurred. if congress rethe united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff. bill: what about all that? and are we really just warming up the, well, the dogs in the cage? alan colmes, host of alan colmes radio show, tucker carlson editor of "the daily caller" and fox news contributor. great to have you both on. >> happy new year. bill: happy new year to both of you. i don't know, tucker, i guess if you thought this fiscal deal was a big matter, buckle up. >> well the president says he won't debate it. he will debate it. this will be a debate. nobody argues a debate over the fiscal cliff is the best way to cut spending but there is no other way. it is not a republican talking point to say the debt is out of the control. at end of the bush administration the debt equaled 65% of the gdp we're now over 115% of gdp our debt i
Search Results 0 to 5 of about 6